Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

11:30 am

Mr. Brendan McDonagh:

In many situations the receiver has typically employed not the debtor but people who might have worked for the debtor previously. Receivers use various options in terms of asset management. They can use independent third parties but sometimes they employ the people who used to work for the debtor.

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